June 4, 2020

Banks vs. Credit Union Infographic

When you become a member at LUSO Federal Credit Union, your banking relationship with us is about much more than debit cards, checking and savings accounts, loans, and more. As a credit union, not a bank, LUSO is a not-for-profit institution that exists to put our members and community first. But what really sets us apart is our wealth of financial education resources, which we share to help you spend smarter and save more.

Prioritizing Financial Education

Our commitment to helping members reach their financial goals starts with local youth. LUSO staff participate in school banking at the elementary and middle schools in Ludlow, Wilbraham and Hampden, encouraging young people in the communities to establish a strong financial foundation. The school banking program includes incentives for student savers as well as giveaways that make saving for the future both fun and educational.

Interactive Financial Wellness Center

LUSO also offers a digital Financial Wellness Center to help individuals master strategies in investing, saving, credit, and more with interactive articles, coaches, calculators and online games. Visitors to the Financial Wellness Center will find an interactive library of topics to cover most pressing financial concerns, including life changes, budgeting and saving, housing, retirement, taxes, insurance, running a business and investing. The site also offers a “choose your own adventure” game for kids and adults that presents users with dilemmas and puzzles tailored to their age and situation. Sign up for FREE and log in to get started!

LUSO Federal Credit Union is a not-for-profit, member-owned financial cooperative dedicated to providing members with quality financial services and products. We at LUSO pride ourselves on serving the financial needs of our members and helping them save for the special occasions in life.   

If you have questions about your personal finances, contact a Member Service Representative at our Ludlow or Wilbraham branch toll free at 1-844-LUSO-FCU.

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